Contributions & Donations

Resources

Utilization

Projections for the first year

Taking the cost of hiring a teacher at Rs. 6,000/- p.m., the total outlay comes to Rs. 36,000/- p.m. At the current bank deposit rates, this would require a corpus of Rs. 60,00,000/- (considering a yield of 6%p.a net of TDS).

Projections for the second year and beyond.

The trust aims at supporting at least 15 teachers by the second year. The cost per month will be Rs. 90,000/-. This would need a corpus of around 2,00,00,000/-. This corpus would yield 12,00,000/- p.a. (considering a yield of 6%p.a net of TDS) or Rs. 1,00,000/- p.m. The surplus of Rs. 10,000/- p.m. will be used to create a contingency fund, to be used if the yield comes down due to lowering of deposit rates by banks or for bringing more people on board.